Lanco Receives Parliament Solar Plant Contract

Lanco Solar Energy has received a contract for establishing a solar power project for the Parliament House of India. Some of the other companies that were vying for this solar project include Wipro Ecoenergy, Punj Lloyd and Reliance Industries among others.

This solar energy project has been allotted to Lanco Solar Energy since the company became the lowest bidder quoting an amount of Rs. 1.29 crores for this solar project to be set up in the Parliament. The PEDA (Punjab Energy Development Agency) has been selected by the Central Government of India towards implementing this project. This solar project is anticipated to get over in about five months from now.

In this regard, PEDA has invited bids towards the commissioning of this power project with an overall 80 kW capacity that makes use of solar photovoltaic technology for its operations as well as maintenance for a period of 10 years. Out of the total power generation of 80 kW, 50 kW of energy would be fed back into the grid system while the balance would be used for the purpose of illumination.